Inter (INTR) reported net income attributable to controlling shareholders of R$ 425.2 mn in the third quarter of 2026, up 26.4% from R$ 336.3 mn in 3Q25. Basic earnings per share (EPS) were R$ 0.96, versus R$ 0.76 a year earlier. Diluted EPS was R$ 0.95. Annualized return on equity (ROE) was 15.8%, up 160 basis points year over year and down 50 basis points from 16.3% in 2Q26.
Total revenue for the quarter came to R$ 2.7 bn, up 25.7% from 3Q25 (R$ 2.2 bn). Credit losses (provisions for loan losses) were R$ 892.8 mn, versus R$ 640.8 mn in the same period of the prior year. Administrative expenses totaled R$ 636.6 mn and personnel expenses R$ 314.4 mn. The efficiency ratio was 41.9%, an improvement of 322 basis points from 3Q25.
In the first nine months of 2026, net income attributable to controlling shareholders was R$ 1.2 bn (R$ 1,241.1 mn), up 32.3%. Revenue reached R$ 7.8 bn, an increase of 29.9%. Cumulative basic EPS was R$ 2.81, versus R$ 2.13 in 2025.
As of September 30, 2026, the bank had 46.8 million clients, a loan portfolio of R$ 54.6 bn (up 13.1% from December 2025) and total funding of R$ 77.2 bn (up 11.9%). Total assets stood at R$ 107.2 bn and shareholders' equity at R$ 11.2 bn. The over-90-day delinquency ratio rose to 5.3% in the expanded portfolio, mainly because of private payroll loans and credit cards, and the cost of risk was 5.9%, flat from 2Q26. Banco Inter's Basel ratio was 15.6%.
As a subsequent event, on October 19, 2026, Banco Inter agreed to buy 40% of Inter Seguros from Wiz for R$ 409.5 mn, subject to adjustment by the CDI rate. The transaction was approved by Cade and awaits approval from the Central Bank. With it, the bank will hold 100% of the brokerage.
